Bitwise has recently set a highly optimistic tone for the crypto market through a post on X, predicting that 2024 was a pivotal year for cryptocurrency. As we look towards 2025, the stage is set for potentially massive uptrends in the crypto world. With momentum already building, Bitwise believes that 2025 will mark the onset of a golden era for digital currencies.
Crypto: The Real Winner!
The past year, 2024, was truly monumental for the crypto industry. Bitcoin reached an unprecedented peak, soaring to an all-time high of $103,992. This surge was driven by the groundbreaking launch of spot Bitcoin ETFs in the United States. Other major cryptocurrencies also experienced significant gains, with Solana appreciating by 127.71%, XRP climbing by an impressive 285.23%, and Ethereum increasing by 75.77%. Moreover, crypto equities such as MicroStrategy and Coinbase saw remarkable growth, skyrocketing by 525.39% and 97.57%, respectively.
In addition to these gains, the crypto sector emerged victorious in the 2024 U.S. elections, which has positively influenced the regulatory outlook for digital currencies in the country. With incoming global stimulus from China and other major central banks, the rise in institutional adoption, and rapid advancements in blockchain technology, the outlook for 2025 appears exceedingly promising. Although 2024 was a landmark year for cryptocurrency, Bitwise is confident that 2025 will herald the beginning of a golden era.
BTC, ETH, SOL To Hit New ATHs
Bitwise has shared ten bold predictions for the upcoming year, along with a significant bonus prediction. Among these predictions, the first is that Bitcoin, Ethereum, and Solana will reach new all-time highs. Specifically, Bitcoin is expected to trade above $200,000, while Ethereum and Solana are projected to hit $7,000 and $750, respectively. Bitwise anticipates that Bitcoin ETFs will attract even more investment flows in 2025 than they did in 2024. Furthermore, it foresees the stock of the leading crypto exchange, Coinbase, reaching as high as $700 per share.
The Year Of IPOs!
In a bold move, Bitwise predicts that at least five crypto unicorns will go public in the United States in 2025. The asset manager has identified five promising candidates for these initial public offerings: Circle, Figure, Kraken, Anchorage Digital, and Chainalysis. Additionally, Bitwise foresees that tokens launched by AI agents will lead to a memecoin frenzy. Another intriguing prediction is that the number of countries holding Bitcoin will double. Currently, according to BitcoinTreasuries.net, nine countries, led by the United States, hold Bitcoin, and Bitwise expects this number to double in 2025. Moreover, it predicts that Coinbase will surpass Charles Schwab to become the most valuable brokerage in the world, with its stock surpassing $700 per share.
Bitcoin To Overtake Gold?
Bitwise envisions a future where the U.S. Department of Labor will relax its guidance against crypto in 401(k) plans, potentially channeling billions of dollars into crypto assets. It also predicts that the stablecoin market will expand significantly, doubling to over $400 billion, as the U.S. finally enacts long-awaited stablecoin legislation. With Wall Street’s increasing acceptance of cryptocurrency, Bitwise foresees the tokenized Real World Assets (RWA) market reaching a valuation of $50 billion.
In a striking bonus prediction, Bitwise has boldly forecasted that Bitcoin will surpass the $18 trillion gold market and trade at over $1 million per Bitcoin by 2029. This ambitious vision highlights Bitwise’s confidence in the transformative potential of cryptocurrency in the coming years.
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